have a new indicator shows # like USD 5.20, EUR 2.0, GBP 6.50 what's these # means? - Forex Questions and Answers - FXAnswer

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have a new indicator shows # like USD 5.20, EUR 2.0, GBP 6.50 what's these # means?

whats these # means?

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In Forex Beginners
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- naddan
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1 year ago

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currency

strength

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0 Votes It means the strength value of the currency. The values that you have provided, The GBP is stronger than the USD, and the USD is stronger than the EUR. Therefore, if you are looking into entering a trade, you would pick the strongest currency against the weakest one. by webmaster 1 year ago by webmaster 1 year ago

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It means the strength value of the currency. The values that you have provided, The GBP is stronger than the USD, and the USD is stronger than the EUR. Therefore, if you are looking into entering a trade, you would pick the strongest currency against the weakest one.